Bank Nifty shows range expansion,EOD Analysis

As we have been discussing in past few session big move is round the corner as prices are contracting in the triangle.Bank Nifty obliged by giving big move as soon it started trading above 17170 and showed range expansion on upside,closed above gann trendline and now heading towards the crucial supply zoen of 17466 where we also have trendline resistance Support remains at 17170 and below

Posted in: Technical Analysis